Japan’s Advantest expects 6% annual profit growth as AI boosts testing

Japanese chip testing equipment maker Advantest forecast its operating profit to grow 6% next fiscal year on Friday, buoyed by demand for its testing tools for chips used in the artificial intelligence tasks. Advantest “does not recognise more than a minor direct impact” from tariffs but the business environment is increasingly uncertain, the company said in an earnings release.

The company reported a net profit of 228.2 billion yen ($1.59 billion) for the year ended March 31, sharply higher from 81.6 billion yen in fiscal year 2024.

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